Agent GST on Commission
Agents can view their GST information via their profile. Simply filter to the required dates to see Commissions Tax, Tax on Deductions & the Net Tax. Provide deal level tax detail using the Performance report for that agent.
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Agent Tax IDs and Organization Business Tax Numbers
From the Tax Return report, you can export a CSV file to review people and companies that may be missing their Tax IDs. Agent Tax ID If an Agent is paid to their own name, you'll add their SSN or SIN to the SSN/SIN field. Agent's Organization Tax ID ...The anatomy of an Agent profile - Understanding each section and how you can tailor your agent's profile.
Agent Profiles *do not change the above email in the Agent profile, this is the email used to connect to all usable integrations. If have to add an agent profile, visit here. Account Management Here you can change the email that your agent wants to ...Beginning Balance/Mid Year/Year End Commission & Deduction adjustments
When switching Back office software Mid year we require to add ytd adjustments for agents commissions, production and fee information in order to have accurate 1099 and T4A information. This is also the case for agent's switching from being payable ...HOW TO SET UP BANK ACCOUNT AS AN AGENT
Set up Account In Loft47, your Brokerage will can use either Payload or Zum to pay your commissions quickly via the Zum Rails or Payload integration. Either integration works the same way and you can set up your account by following these ...Agent Account Balances
If you routinely Invoice your Agents for expenses, Loft makes it easy to collect outstanding expenses within a deal. View Agents Account Balances Your Agents Balances can be viewed in two places. On their Profile In the Account Balances Section In a ...